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No. When you file bankrutpcy you are making a declaration about your financial situation. If you were to put in an actual application for financing a home the problem would be finding a lender willing to touch it. You would be a bad financial risk to any type of lender at this time. Once you are discharged it will take several years for a lender to take a chance on you. You could try owner financing soon after discharge, someone might be willing to take a chance on you if everything else is strong. Job, income etc.
What else can I help you with?
How do you buy a house while in a chapter 13 bankruptcy?
The chapter 13 petitioner/participant must receive the approval of the bankruptcy trustee for all major financial transactions.
How soon after filing chapter 13 can you hope to buy a home?
The best time to purchase a new home after filing for Chapter 13 bankruptcy depends on how long your bankruptcy will be. If you have your payments on a five year plan, then you may have to wait a little longer.
Can you get home financing after bankruptcy confirmed?
You can get a home after a BK. If it was a chapter 13 you can get a mortgage at any time. You can even use a refinance to buy out the BK. If it was a chapter 7, you normally need to wait 2 full years. Under certain circumstances you can buy a home after one year.
Can you buy a big rig after filing chapter 7 bankruptcy?
Yes
Can you sell your home in chapter 13 bankruptcy?
Don't sell the home without legal council. It'll be impossible to re-buy later (given the scant information I have at hand).
After Chapter 7 bankruptcy has been Discharge can buy a home?
After Chapter 7 bankruptcy has been Discharge can buy a home
Can you buy a mobile home if you pay it in full while under chapter 13 bankruptcy?
Yes, you can buy a mobile home and pay for it in full while under Chapter 13 bankruptcy, but you must get permission from the bankruptcy court. It's essential to demonstrate that the purchase won't interfere with your repayment plan or your ability to meet other financial obligations. Additionally, the mobile home must be necessary for your living situation, and you should ensure it complies with any restrictions set by your bankruptcy trustee.
How do you buy a house while in a chapter 13 bankruptcy?
The chapter 13 petitioner/participant must receive the approval of the bankruptcy trustee for all major financial transactions.
Can you buy a home under bankruptcy?
If our home is in foreclosure,and never reaffirmed the debt through chapter 7-how will it affect us getting a home?
How soon after filing chapter 13 can you hope to buy a home?
The best time to purchase a new home after filing for Chapter 13 bankruptcy depends on how long your bankruptcy will be. If you have your payments on a five year plan, then you may have to wait a little longer.
Can you sell your home and buy another if you are in a chapter 13 bankruptcy?
i wouldn't sell it but instead invest in it till it adds value
Can you buy a new car while in chp 13?
While in a Chapter 13, all major financial transactions need the approval of the bankruptcy trustee.
Can you get home financing after bankruptcy confirmed?
You can get a home after a BK. If it was a chapter 13 you can get a mortgage at any time. You can even use a refinance to buy out the BK. If it was a chapter 7, you normally need to wait 2 full years. Under certain circumstances you can buy a home after one year.
Can you buy a big rig after filing chapter 7 bankruptcy?
Yes
Can you buy a house if you are in Bankruptcy Chapter 13 but the bankruptcy will be discharged 7312013?
Yes, you can buy a house while in Chapter 13 bankruptcy, but it depends on specific circumstances and the approval of the bankruptcy court. Lenders may be hesitant to offer a mortgage during this period, but if you have made consistent payments and can demonstrate financial stability, you may qualify. It's essential to check with your bankruptcy trustee and a mortgage lender to understand your options. Once your bankruptcy is discharged, your chances of securing a mortgage improve significantly.
Can you sell your home in chapter 13 bankruptcy?
Don't sell the home without legal council. It'll be impossible to re-buy later (given the scant information I have at hand).
How soon after Chapter 7 bankruptcy can you buy a new RV?
one year.
